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The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

BJP’s rule has been bad for the economy

Respected financial analysts are of the view that Rs 57,000 crores out of this Rs 91,000 crores is already a non-performing asset (NPA).

14 Oct 2018 2:07 AM

Excise cut to cost India its fiscal deficit target

It said that the government revenue from excise duties on petroleum products has more than doubled since fiscal 2014.

10 Oct 2018 12:27 AM

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

India’s ostrich club and the global recession

The moral of the market economy is that small disasters trigger bigger ones, potentially.

03 Oct 2018 1:31 AM

The objective of imparting financial literacy is to spearhead a revolution to change the investment habits of rural India and the middle classes through easily understandable education modules, pre-tested for their learnability before dissemination. (Representational image)

Why financial inclusion and financial literacy needs to have priority status in India

Financial inclusion can only happen concurrently with financial literacy, which are twin pillars to mitigate poverty.

03 Oct 2018 12:22 AM

Govt planned to announce a reduction in its borrowing needs, but the yield inched up to 8.07 per cent later in the day.

Govt likely to announce lower borrowing programme next week: sources

Investors were also worried whether govt will be able to stick to its fiscal deficit target of 3.3 per cent of gdp.

22 Sep 2018 11:42 AM

Fitch said that the economic outlook is subject to several headwinds including tightening of financial conditions, a rising oil bill and weak bank balance sheets.

Fitch ups growth forecast to 7.8 per cent

The agency said that the fiscal policy should remain quite supportive of growth in the run-up to 2019 elections.

22 Sep 2018 2:20 AM

Prime Minister Narendra Modi. (Photo: AP)

The reality that is catching up with PM Modi

Demonetisation is described as “the act of stripping a currency unit of its status as legal tender”.

17 Sep 2018 1:30 AM

The government is determined to keep fiscal deficit within the budgeted level of 3.3 per cent of GDP as the country cannot afford to have a twin deficit problem, a top official said.

Govt determined to contain fiscal deficit at 3.3 per cent

The official said a depreciating rupee and high crude import bill would definitely put pressure on the country's current account deficit.

13 Sep 2018 12:49 PM

Moody’s said India’s deregulation of both diesel and petrol prices has reduced the fiscal impact of rising oil prices.

Moody’s expects deficit to widen

Rating agency expects fiscal deficit and current account deficit to overshoot their targets.

30 Aug 2018 1:52 AM

Experts predict dip in rupee may go on

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

22 Aug 2018 4:49 AM

An aerial view of the floods in Aluva after heavy rains, in Kerala. (Photo: PTI)

Kerala wake-up call on growth and development

The world’s peasants, providing 72 per cent of its food, are defined as unproductive.

22 Aug 2018 1:14 AM

Vajpayee took privatisation drive which saw 32 state-owned companies and hotels being sold to private firms in five years.

Atal Bihari Vajpayee laid foundation for a resurgent Indian economy

When Vajpayee left government in 2004, GDP was growing around 8 per cent, inflation was below 4% and foreign reserves were overflowing.

17 Aug 2018 1:56 AM

Financial inclusion is the key to inclusive growth

Access to and integration into these networks enhances their productivity leads to shared prosperity.

30 Jul 2018 1:40 AM

India will grow faster than China, with 7.3 per cent growth rate in FY19 and 7.6 per cent in FY20, the Asian Development Bank (ADB) said.

Indian economy set to grow fastest

On India, it said: "In sum, the GDP growth forecast for FY19 is maintained at 7.3 per cent.

20 Jul 2018 5:07 AM

Union Minister Arun Jaitley. (Photo: PTI)

India poised to pip Britain to become 5th largest economy next year: Jaitley

India's GDP was valued at USD 2.597 trillion at the end of 2017 overtaking the French economy.

13 Jul 2018 3:29 PM

For FY19, states are hoping for a 0.2 per cent revenue surplus as against a revenue deficit of 0.4 per cent as per the revised estimates.

States fail to meet fiscal targets for third year: RBI

Decline in states’ tax revenues is essentially associated with pending accounting issues related to GST implementation.

13 Jul 2018 9:06 AM

In the last few months, there have been debt waiver announcements by the governments in Maharashtra and Uttar Pradesh, among others.

Farm loan waivers may cost Rs 2.7L-crore

Ahead of 2019 polls, more farmer-centric sops are likely to be doled out, says BoA-ML.

07 Jul 2018 7:11 AM

About 600 million people in India today live in locations that could either become moderate or severe hotspots of climate change by 2050 under a business-as-usual scenario. (Photo: File | Pixabay)

Climate change could shave off 2.8 per cent of GDP by 2050: World Bank

States in central, northern and north-western parts of India emerge as most vulnerable to changes in average temperature and precipitation.

29 Jun 2018 9:18 AM

The South-west monsoon hit Delhi on Thursday, a day ahead of its scheduled arrival.(Representational image)

South-west monsoon hits Delhi

The Southwest Monsoon gives 70% of the rain to the country, where agriculture still remains a major contributor to the GDP.

29 Jun 2018 5:53 AM

Moody's Investors Service on Thursday said it expects India to stick to the estimated fiscal deficit of 3.3 per cent of GDP and even cut capital expenditure to offset any slippage from the budgeted target. (Photo: AFP)

India may cut expenditure to stick to 3.3 pc fiscal deficit: Moody's

Moody's had last year upped India's sovereign rating for the first time in over 13 years to 'Baa2'.

07 Jun 2018 2:37 PM

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Dilip Cherian